Lear (LEA) – Research Analysts’ Weekly Ratings Updates

Lear (NYSE: LEA) has recently received a number of price target changes and ratings updates:

• 2/10/2025 – Lear had its price target lowered by analysts at Evercore ISI from $125.00 to $110.00. They now have an “in-line” rating on the stock.
• 2/7/2025 – Lear had its price target lowered by analysts at UBS Group AG from $104.00 to $102.00. They now have a “neutral” rating on the stock.
• 2/7/2025 – Lear had its price target raised by analysts at Wells Fargo & Company from $99.00 to $103.00. They now have an “equal weight” rating on the stock.
• 1/27/2025 – Lear had its price target lowered by analysts at JPMorgan Chase & Co. from $147.00 to $143.00. They now have an “overweight” rating on the stock.
• 1/22/2025 – Lear had its price target lowered by analysts at Barclays PLC from $120.00 to $115.00. They now have an “equal weight” rating on the stock.
• 12/19/2024 – Lear was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/16/2024 – Lear had its price target lowered by analysts at Wells Fargo & Company from $106.00 to $99.00. They now have an “equal weight” rating on the stock.

Lear Trading Down 1.0 %

LEA stock traded down $0.96 during trading on Wednesday, reaching $96.42. The company had a trading volume of 867,281 shares, compared to its average volume of 723,081. Lear Co. has a 52 week low of $86.28 and a 52 week high of $147.11. The business has a 50 day moving average of $95.48 and a 200 day moving average of $102.46. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.32 and a quick ratio of 1.03. The company has a market cap of $5.24 billion, a P/E ratio of 10.79, a PEG ratio of 0.62 and a beta of 1.42.

Lear (NYSE:LEA) last released its earnings results on Thursday, February 6th. The auto parts company reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.44. Lear had a return on equity of 14.70% and a net margin of 2.17%. As a group, sell-side analysts forecast that Lear Co. will post 13.29 earnings per share for the current fiscal year.

Lear Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Wednesday, December 11th were issued a $0.77 dividend. The ex-dividend date was Wednesday, December 11th. This represents a $3.08 annualized dividend and a yield of 3.19%. Lear’s payout ratio is 34.45%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC increased its holdings in Lear by 7.3% during the third quarter. Pzena Investment Management LLC now owns 7,714,653 shares of the auto parts company’s stock valued at $842,054,000 after buying an additional 526,763 shares during the last quarter. Vanguard Group Inc. increased its holdings in Lear by 7.4% in the 4th quarter. Vanguard Group Inc. now owns 6,491,895 shares of the auto parts company’s stock worth $614,782,000 after acquiring an additional 447,835 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Lear by 29.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,212,579 shares of the auto parts company’s stock valued at $209,531,000 after purchasing an additional 498,918 shares in the last quarter. Greenhaven Associates Inc. boosted its position in shares of Lear by 1.2% in the fourth quarter. Greenhaven Associates Inc. now owns 1,842,247 shares of the auto parts company’s stock worth $174,461,000 after purchasing an additional 22,601 shares during the period. Finally, Pacer Advisors Inc. increased its stake in shares of Lear by 24.3% in the third quarter. Pacer Advisors Inc. now owns 1,264,090 shares of the auto parts company’s stock worth $137,975,000 after purchasing an additional 247,312 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles.